Is Square's Afterpay Acquisition Worth the Cost?
Huge news came out a month ago when fintech company Square (NYSE: SQ) announced plans to acquire buy now, pay later (BNPL) specialist Afterpay for $29 billion in an all-stock deal. This is a major purchase for Square, which has a market cap around $125 billion at recent prices, and is a big bet on the growing BNPL industry.
Is Square's big Afterpay purchase worth the cost? Let's take a look.
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Source Fool.com
